In proceeding 28320, the Alberta Utilities Commission issues its decision regarding the reconsideration of the Z factor adjustment for the assets of ATCO Electric Ltd. (ATCO) which were destroyed in the 2016 Wood Buffalo fire. In Decision 21609-D01-2019, the Commission originally denied ATCO recovery of the net book value of the destroyed assets and ATCO was directed to remove the assets from its rate base. ATCO appealed the decision in ATCO Electric Ltd v Alberta Utilities Commission. The Alberta Court of Appeal (the Court) upheld ATCO’s appeal and then turned the initial decision back over to the Commission for reconsideration.
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